Margaux follows Mouton

Today Margaux became the third First Growth to release its
2012. Its ex-negociant price is €240 per bottle, the same as Mouton, which
equates to around £2,460 per 12×75. Released onto the international market at £2,800, it is 12.5% lower than its next cheapest
vintages, the 2004, 2006, 2007 and 2008.

It is early days but Margaux 2012 has already seen trade on the secondary market above release price, at £2,660 per 12×75.

With Latour having quit
En Primeur, Haut Brion will be the last First Growth to release its 2012. Will
it follow the lead of Margaux and Mouton at €240, or Lafite at €335?

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This website is provided for informational purposes only and does not amount to financial advice or advice as to the value or likely future values of any of the wines it discusses. The opinions expressed are subject to change without notice. Neither Liv-ex Ltd nor any of the authors or editors accept any liability for the accuracy of its contents.